SOL/USDT – 30M – BUY

The pair Solana/Tether (SOL/USDT) breaks through the ascending trendline upwards

A continuation of the bullish trend up to the next resistance level at 209.860000000 will continue.

Caution: A possible trend reversal in the direction of the support level at 177.270000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which is often a bullish chart scenario. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Current target is 202.4 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance level at 209.860000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Three White Soldiers’ chart pattern is existing. The chart forms ‘Three White Soldiers’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.

202.400000000 – 185.100000000 – 186.420000000 – 177.270000000 – 179.430000000 – 185.510000000 — 74.849289023269 – 78.528810193936

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three White Soldiers – – –